January 17, 2018 / 2:35 AM / 4 months ago

BRIEF-Guangzhou Wondfo Biotech sees 2017 net profit up 30 pct to 55 pct

Jan 17(Reuters) - Guangzhou Wondfo Biotech Co Ltd

* Sees 2017 net profit to be increase by 30 percent to 55 percent, or to be 188.5 million yuan to 224.7 million yuan

* Says 2016 net profit was 145 million yuan

* Says that increased operation revenue, enhancement of profitability, and increased management expenses and sales expenses as main reasons for the forecast

Source text in Chinese:goo.gl/gaRV1r

Further company coverage: (Beijing Headline News)

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